South Africa Finance

Sep 18 2018

Pip Mavens Icarus, A Hands-Off Way To Trade Forex, learning to trade forex.#Learning #to #trade #forex

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Learning to trade forex

Learning to trade forex

In the next few pages I m going to re-frame your reality … just a little — but enough to give you some big Ah-Ha! moments.

I’m going to show you how to get to $500/mo trading Forex at the retail level, and then scale up to $1,000/mo and $2,000/mo or more.

The truth is … making $2,000/mo takes the same amount of effort as it takes to make $500/mo.

Let s say you start with a $5K trading account.

A 10% monthly profit already guarantees a $500/mo cashflow into your bank account.

But if you choose to (and this is what I d recommend), you can re-invest your profits to grow your capital.

You see $5K at a 10% monthly profit grows to approximately $11K after just 9 months of trading earning you $1,072 in profits every month.

And if you decide to let your profits roll, you ll be looking at $2,089/mo after just another 7 months.

Learning to trade forex

So with a $5K account, you d be looking at a monthly income of $1K after 9 months $2K after 7 more months, $3K after 4 more months, $4K after 3 more months, and $5k after 2 more months.

Did you notice something here? Each additional $1K of monthly income takes less and less time to achieve.

And all this from a mere 10% profit per month on one currency pair, or 5% per month each on two currency pairs.

That, right there, should be your first Ah-Ha! moment.

Now here s something else to think about…

Learning to trade forex

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